| Cash Option ($166.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $166,900,000.00 |
-$61,713,330.00 |
-$0.00 |
$105,186,670.00 |
| Annuity ($363 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,463,513.00 |
-$1,981,830.00 |
-$0.00 |
$3,481,683.00 |
| 2 |
$5,736,852.00 |
-$2,082,966.00 |
-$0.00 |
$3,653,886.00 |
| 3 |
$6,023,622.00 |
-$2,189,071.00 |
-$0.00 |
$3,834,551.00 |
| 4 |
$6,324,912.00 |
-$2,300,548.00 |
-$0.00 |
$4,024,364.00 |
| 5 |
$6,641,085.00 |
-$2,417,532.00 |
-$0.00 |
$4,223,553.00 |
| 6 |
$6,973,230.00 |
-$2,540,425.00 |
-$0.00 |
$4,432,805.00 |
| 7 |
$7,321,710.00 |
-$2,669,363.00 |
-$0.00 |
$4,652,347.00 |
| 8 |
$7,687,977.00 |
-$2,804,882.00 |
-$0.00 |
$4,883,095.00 |
| 9 |
$8,072,394.00 |
-$2,947,116.00 |
-$0.00 |
$5,125,278.00 |
| 10 |
$8,476,050.00 |
-$3,096,469.00 |
-$0.00 |
$5,379,581.00 |
| 11 |
$8,899,671.00 |
-$3,253,209.00 |
-$0.00 |
$5,646,462.00 |
| 12 |
$9,344,709.00 |
-$3,417,873.00 |
-$0.00 |
$5,926,836.00 |
| 13 |
$9,811,890.00 |
-$3,590,730.00 |
-$0.00 |
$6,221,160.00 |
| 14 |
$10,302,666.00 |
-$3,772,317.00 |
-$0.00 |
$6,530,349.00 |
| 15 |
$10,817,763.00 |
-$3,962,903.00 |
-$0.00 |
$6,854,860.00 |
| 16 |
$11,358,633.00 |
-$4,163,025.00 |
-$0.00 |
$7,195,608.00 |
| 17 |
$11,926,365.00 |
-$4,373,085.00 |
-$0.00 |
$7,553,280.00 |
| 18 |
$12,522,774.00 |
-$4,593,757.00 |
-$0.00 |
$7,929,017.00 |
| 19 |
$13,148,949.00 |
-$4,825,442.00 |
-$0.00 |
$8,323,507.00 |
| 20 |
$13,806,342.00 |
-$5,068,677.00 |
-$0.00 |
$8,737,665.00 |
| 21 |
$14,496,768.00 |
-$5,324,135.00 |
-$0.00 |
$9,172,633.00 |
| 22 |
$15,221,679.00 |
-$5,592,352.00 |
-$0.00 |
$9,629,327.00 |
| 23 |
$15,982,527.00 |
-$5,873,865.00 |
-$0.00 |
$10,108,662.00 |
| 24 |
$16,781,853.00 |
-$6,169,616.00 |
-$0.00 |
$10,612,237.00 |
| 25 |
$17,620,746.00 |
-$6,480,006.00 |
-$0.00 |
$11,140,740.00 |
| 26 |
$18,502,110.00 |
-$6,806,111.00 |
-$0.00 |
$11,695,999.00 |
| 27 |
$19,427,034.00 |
-$7,148,333.00 |
-$0.00 |
$12,278,701.00 |
| 28 |
$20,398,422.00 |
-$7,507,747.00 |
-$0.00 |
$12,890,675.00 |
| 29 |
$21,418,452.00 |
-$7,885,158.00 |
-$0.00 |
$13,533,294.00 |
| 30 |
$22,489,302.00 |
-$8,281,372.00 |
-$0.00 |
$14,207,930.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$363,000,000.00 |
-$134,310,000.00 |
-$0.00 |
$228,690,000.00 |
|
